Orange, New South Wales
LARGE 50 ROOM LEASEHOLD MOTEL WITH HIGH RETURN IN NSW FOR SALE
SOLD
Business Description
We are very pleased to have been appointed as Exclusive Brokers to market the leasehold interest of the Ibis Styles Motel, located in Orange in NSW.
The Motel has been experiencing solid growth over the last 2 years and has enjoyed occupancy of over 71% for the 2017 year.
The property boasts 50 rooms over various configurations and offers guests 40” LCD televisions, mini bars, Foxtel, free wi fi and “J's” Bar and Grill.
There are a good mix of room types and included are 6 suites.
The Motel caters to both the Corporate market and also leisure guests who regularly return time after time.
The current owners have improved the property immensely during their ownership and it presents in excellent condition with nothing to spend.
A great opportunity to purchase a large leasehold Motel that will suit all buyers.
Business Summary
Key Investment Insights
1. The Ibis Styles Motel is located in a popular and growing area of Orange, NSW.
2. The Motel has experienced solid growth over the last 2 years and has a high occupancy rate of over 71%.
3. The property offers 50 rooms with various configurations, including 6 suites.
4. The rooms are well-equipped with modern amenities such as 40” LCD televisions, mini bars, Foxtel, and free wi-fi.
5. The Motel caters to both corporate and leisure guests, with a loyal customer base.
6. The current owners have made significant improvements to the property and it is in excellent condition.
7. The Motel presents a great opportunity for all types of buyers looking to invest in a large leasehold Motel.
8. The property has a popular on-site restaurant, "J's" Bar and Grill, which adds value for guests.
9. Orange is a popular tourist destination, known for its wineries, food and cultural events, making the Motel a desirable location for visitors.
10. The Motel has a strong online presence and positive reviews, which contributes to its success.
